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Indonesian government to set cement industry emissions cap

17 February 2025

Indonesia: The Ministry of Industry will introduce mandatory emissions limits for cement producers, as well as for those in the fertiliser, paper and steel industries. Companies will be encouraged to participate in carbon emissions trading.

Apit Pria Nugra, head of the Green Industry Centre at the Ministry, said that companies could receive compensation for emissions below the limit, but that they would need to purchase carbon credits from other companies if they exceed the limit.

The government will subsequently extend the emissions trading scheme to five additional sectors.

Published in Global Cement News
Tagged under
  • Indonesia
  • Ministry of Industry
  • Emissions
  • Carbon trading
  • Asia
  • GCW697

China Resources Building Materials Technology expects 2024 profit to drop by 62 – 72%

14 February 2025

China: China Resources Building Materials Technology expects its full-year profit to have dropped by 62 – 72% year-on-year in 2024, Reuters has reported. This would correspond to a gross profit of US$579 – 786m, compared to US$2.07bn in 2023. The producer attributed the anticipated decline to ‘lower gross margins’ in its various businesses.

Published in Global Cement News
Tagged under
  • China
  • China Resources Building Materials Technology
  • Profit
  • Asia
  • GCW697

Sumitomo Osaka Cement reports nine-month 2025 financial year results

14 February 2025

Japan: Sumitomo Osaka Cement's sales declined by 0.8% year-on-year to US$1.09bn in the first nine months of the 2025 financial year. Nonetheless, the producer succeeded in raising its pre-tax profit, by 16%, to US$44.9m. The company forecasts full-year sales of US$1.47bn (up by 0.6%) and profit of US$54.4m (down by 2%), maintaining previous estimates.

Published in Global Cement News
Tagged under
  • Sumitomo Osaka Cement
  • Results
  • Outlook
  • Forecast
  • growth
  • Japan
  • Asia
  • GCW697

Eco Material Technologies targets 20Mt/yr SCM production with US$800m loan

14 February 2025

US: Eco Material Technologies has secured a US$800m green term loan facility. The facility will mature in 2032. Eco Material Technologies will invest the funds in expansion to its supplementary cementitious materials (SCM) production capacities, to raise them to 20Mt/yr.

The company noted the oversubscription of the raise as demonstrative of high confidence in its proposition for the decarbonisation of cement and concrete.

Published in Global Cement News
Tagged under
  • Eco Material Technologies
  • US
  • Loan
  • Sustainability
  • Alternative raw materials
  • supplementary cementitious materials
  • Finance
  • Expansion
  • target
  • Ash
  • coal fly ash
  • Americas
  • GCW697

Asia Cement Corporation publishes Nature-Related Financial Disclosures Report 2025

14 February 2025

Taiwan: Asia Cement Corporation (ACC) has published its inaugural Nature-Related Financial Disclosures Report for 2025. The report adopts the Task Force on Nature-Related Financial Disclosures’ framework to evaluate the nature-related impacts of ACC’s operations. It already publishes an annual Climate-Related Financial Disclosures Report.

Since 2020, ACC has invested US$21.5m initiatives aimed at promoting nature, including its successful rehabilitation of golden birdwing butterflies.

Published in Global Cement News
Tagged under
  • Taiwan
  • Asia Cement
  • Sustainability
  • ecology
  • GCW697
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